DIFC Academy, the education platform of Dubai International Financial Centre (DIFC), signed a Memorandum of Understanding (MoU) with Lloyd’s, the global insurance sector major, to collaborate to develop future talent within the insurance and reinsurance market.
The agreement, which envisages a longstanding partnership, will help support the development of a talent pipeline into the fast-growing Middle East region.
As part of the agreement, the DIFC Academy and Lloyd’s Academy will work together to organise a series of events, educational boot camps and on-demand learning that support the drive for talent across the insurance industry.
Alya AlZarouni, Chief Operating Officer, DIFC Authority commented the move is in line with the organisation’s efforts to offer a world-class learning environment and guidance from renowned organisations to accelerate the development of talent within various sectors.
“This initiative enables us to further develop a burgeoning sector in DIFC, representing more than 125 companies,” AlZarouni said.
Dawn Miller, Lloyd’s Chief Commercial Officer and CEO of Lloyd’s Americas, said collaboration and partnerships lay at the heart of Lloyd’s value proposition.
“The MOU between the Lloyd’s Academy and DIFC, to drive forward talent development and industry wide education, is another step forward on this journey,” he said.
In 2019, DIFC signed an MoU with Lloyd’s to fuel the region’s insurance sector by upskilling talent, as well as promoting sectoral efficiency and improvement.
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